2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm - Fundamentals

  • question_answer
    In the absence of partnership deed Interest on loan (loan given by a partner to the firm) is to be provided @ 6% p.a. irrespective of loss.

    A) True

    B) False

    Correct Answer: A

    Solution :

    True


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